CANADA FX-C$ slumps on more dovish Bank of Canada

TORONTO Jan 23 (Reuters) - The Canadian dollar weakened to
a session low against the U.S. dollar on Wednesday after the
Bank of Canada held interest rates steady and said a future rate
hike was "less imminent" as it reduced its growth forecasts.

The Canadian dollar traded at C$0.9972 to the
greenback, or $1.0028, compared with C$0.9930 just before the
central bank news and C$0.9927 at Tuesday's North American
close.